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Trading recommendations Sell in the market. Stop-Loss 0.7170. Take-Profit 0.7110, 0.7075, 0.7050, 0.6975, 0.6930, 0.6900, 0.6860 Buy Stop 0.7170. Stop-Loss 0.7130. Take-Profit 0.7200, 0.7240, 0.7380, 0.7485, 0...
The joke doing the rounds is that it took three days for the market to recover from Brexit, three hours to recover from Trump and three minutes to recover from Italy. After some brief sharp weakness, as the referendum result came out, global markets have bounced back stronger than ever...
One Left In the past 8 months the political world has experienced what can only be called a shit storm...
Mondays not always but sometimes give you very good trades. This Monday, EURUSD opened up with a huge gap down. Whenever there is political uncertainty in Europe, EUR/USD will start showing nervousness...
On 05 Dec 2016 09:00 AM UTC, COSMOS4U AdMACD Indicator triggered a successful buy signal for EURUSD currency pair at 1.06389 under 6, 27, 21. The position closed on 06 Dec 2016 06:00 AM UTC at 1.07545 and the profit was 1.09%. AdMACD parameters for EURUSD on close were 6, 27, 21...
On 02 Dec 2016 02:00 PM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for USDZAR currency pair at 14.0024 under 42, 80, 5. The position closed on 06 Dec 2016 05:00 AM UTC at 13.77692 and the profit was 1.61%. AdMACD parameters for USDZAR on close were 6, 39, 34...
Candlestick patterns are vague and imprecise. You never know which candlestick pattern is significant. You see an inside bar and open a sell trade later to find price hitting the stop loss and going up...
Support Vector Machines are an important tool when it comes to Statistical Learning also known as Machine Learning. Support Vector Machines and Neural Networks are two of the most cutting edge tools in machine learning. The problem with Neural Networks is that they can get stuck in a local minima...
EURUSD: The pair continues to push higher leaving risk of further strength on the cards. On the down, support lies at the 1.0700 level where a violation will aim at the 1.0650 level. A break of here will aim at the 1.0600 level. Conversely, on the upside, resistance comes in at 1...
AUD/USD Recovery Hinges on RBA, 3Q GDP; Rally at Risk Sub-7600 Talking Points USD/JPY rally eyeing key near-term resistance confluence ahead of U.S. NFP Updated targets & invalidation levels Click Here to be added to Michael’s email distribution list...
Using BBands with Bitcoin . Over on Twitter there is a lot of interest in the new crypto currency Bitcoin. Recently I pointed out a couple of basic Bollinger Band Bitcoin setups that worked...
In the Currency Strength table the NZD was the strongest currency while the JPY was the weakest. All the currencies are more or less at the same level as last week except for the CAD gaining 3 points...
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: NZD(4X) followed by the CAD(3x). The weaker currencies are the JPY(4X) followed by the EUR(3X) and the CHF(2X). A nice combination for coming week may be e...
EURJPY INTRADAY setup with Currency Strength and Impulse/Speed (If you read first time about Impulse please check tradingsystem here and here) EURJPY 171 PIPS FLAT MARKET BREAKOUT with LONDON OPEN IMPULSE/SPEED Signal m5 after London open...
Hey traders! So last week, I made some fixes to my Lot calculator tool and added one new feature. Also worked on trading log tool and some backtesting. Read more here...
Dynamic trend: Turned up Background: W1 – weak; D1 – strong Phase: Markup Support: 113.60 Resistance: 116.00...
GBPUSD: The pair closed strongly higher the past week and looks to extend that strength in the new week. On the downside, support lies at the 1.2700 level where a break will turn attention to the 1.2650 level. Further down, support lies at the 1.2600 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, December 5th Yesterday Italian PM M...
Trading recommendations Buy Stop 1.3360. Stop-Loss 1.3320. Take-Profit 1.3380, 1.3555, 1.3680 Sell in the market. Stop-Loss 1.3350. Take-Profit 1.3250, 1.3200, 1.3165, 1...
The Forex Market is a giant ocean of cash. It gives us more opportunities to earn cash. See, that’s the beauty of the Forex market. It doesn’t matter what else is happening in the world, if one currency is rising while another is falling you can make money...